Churchill Historical Balance Sheet

CHDN Stock  USD 134.60  1.35  0.99%   
Trend analysis of Churchill Downs Incorporated balance sheet accounts such as Short Long Term Debt Total of 5.1 B, Other Current Liabilities of 478.9 M or Total Current Liabilities of 793.6 M provides information on Churchill Downs' total assets, liabilities, and equity, which is the actual value of Churchill Downs to its prevalent stockholders. By breaking down trends over time using Churchill Downs balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Churchill Downs latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Churchill Downs is a good buy for the upcoming year.

Churchill Downs Inventory

40.81 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Churchill Downs Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

About Churchill Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Churchill Downs at a specified time, usually calculated after every quarter, six months, or one year. Churchill Downs Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Churchill Downs and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Churchill currently owns. An asset can also be divided into two categories, current and non-current.

Churchill Downs Balance Sheet Chart

Churchill Downs Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Churchill Downs uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Churchill Downs' Net Debt is very stable compared to the past year. As of the 24th of May 2024, Retained Earnings is likely to grow to about 939.2 M, though Non Currrent Assets Other are likely to grow to (71.8 M).

Total Assets

Total assets refers to the total amount of Churchill Downs assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Churchill Downs books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Churchill Downs balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Churchill Downs Incorporated are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Long Term Debt

Long-term debt is a debt that Churchill Downs has held for over one year. Long-term debt appears on Churchill Downs Incorporated balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Churchill Downs Incorporated balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most accounts from Churchill Downs' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Churchill Downs current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Churchill Downs Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
At this time, Churchill Downs' Net Debt is very stable compared to the past year. As of the 24th of May 2024, Retained Earnings is likely to grow to about 939.2 M, though Non Currrent Assets Other are likely to grow to (71.8 M).
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total2.0B4.6B4.8B5.1B
Total Assets3.0B6.2B7.0B7.3B

Churchill Downs balance sheet Correlations

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Churchill Downs Account Relationship Matchups

Churchill Downs balance sheet Accounts

201920202021202220232024 (projected)
Total Assets2.6B2.7B3.0B6.2B7.0B7.3B
Short Long Term Debt Total1.5B1.6B2.0B4.6B4.8B5.1B
Other Current Liab196.9M316.7M258.7M390.1M456.1M478.9M
Total Current Liabilities301.2M424.2M395M621.6M755.8M793.6M
Total Stockholder Equity508.3M367.1M306.8M551.5M893.6M938.3M
Property Plant And Equipment Net937.3M1.1B994.9M2.0B2.6B2.7B
Net Debt1.4B1.6B1.7B4.5B4.7B4.9B
Retained Earnings509.2M349.8M307.7M552.4M894.5M939.2M
Accounts Payable57.8M70.7M81.6M145.5M158.5M166.4M
Cash96.2M67.4M291.3M129.8M144.5M151.7M
Non Current Assets Total2.3B2.5B2.5B5.9B6.6B6.9B
Non Currrent Assets Other(3.3M)(39.6M)74.2M54.8M(75.6M)(71.8M)
Cash And Short Term Investments96.2M67.4M291.3M129.8M144.5M151.7M
Net Receivables51.8M85.9M108.3M95.5M119.5M125.5M
Common Stock Shares Outstanding81.2M79.2M78.4M77M76.1M86.0M
Liabilities And Stockholders Equity2.6B2.7B3.0B6.2B7.0B7.3B
Non Current Liabilities Total1.7B1.9B2.3B5.0B5.3B5.6B
Other Current Assets26.9M28.2M37.6M44.3M59.5M62.5M
Other Stockholder Equity649.5M100K2.8M(900K)(1.0M)(983.3K)
Total Liab2.0B2.3B2.7B5.7B6.1B6.4B
Property Plant And Equipment Gross937.3M1.1B1.7B2.8B3.5B3.7B
Total Current Assets221.2M235.1M501.5M344.5M400.8M420.8M
Inventory46.3M53.6M64.3M74.9M77.3M40.8M
Intangible Assets369.8M350.6M348.1M2.4B2.4B2.5B
Other Liab247.7M276.8M286.5M433.8M498.9M523.8M
Long Term Debt1.1B1.1B1.3B2.5B4.8B5.0B
Property Plant Equipment912.5M1.1B994.9M2.0B2.3B2.4B
Current Deferred Revenue42.5M32.8M47.7M39M73.2M62.5M
Other Assets21.1M653M106.7M109M125.4M146.6M
Good Will338M367.1M366.8M723.8M899.9M944.9M
Net Tangible Assets(228.6M)(350.3M)(408.1M)(2.6B)(2.3B)(2.2B)
Retained Earnings Total Equity509.2M349.8M307.7M552.4M635.3M496.9M
Long Term Debt Total1.1B1.1B1.3B2.5B2.8B3.0B
Deferred Long Term Liab212.8M213.9M252.9M340.8M391.9M411.5M
Non Current Liabilities Other440.1M593.4M734.5M2.2B137.8M130.9M

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When determining whether Churchill Downs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Churchill Downs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Churchill Downs Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Churchill Downs Incorporated Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Churchill Downs Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Churchill Downs information on this page should be used as a complementary analysis to other Churchill Downs' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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When running Churchill Downs' price analysis, check to measure Churchill Downs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Churchill Downs is operating at the current time. Most of Churchill Downs' value examination focuses on studying past and present price action to predict the probability of Churchill Downs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Churchill Downs' price. Additionally, you may evaluate how the addition of Churchill Downs to your portfolios can decrease your overall portfolio volatility.
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Is Churchill Downs' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Churchill Downs. If investors know Churchill will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Churchill Downs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.47)
Dividend Share
0.382
Earnings Share
4.51
Revenue Per Share
33.286
Quarterly Revenue Growth
0.056
The market value of Churchill Downs is measured differently than its book value, which is the value of Churchill that is recorded on the company's balance sheet. Investors also form their own opinion of Churchill Downs' value that differs from its market value or its book value, called intrinsic value, which is Churchill Downs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Churchill Downs' market value can be influenced by many factors that don't directly affect Churchill Downs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Churchill Downs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Churchill Downs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Churchill Downs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.